Six-Month CD Approved With United Fidelity Bank
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Description
The Cowden-Herrick Board of Education approved a new 6-month, $2,380,566.56 certificate of deposit at 4.25% interest with United Fidelity Bank. This action was unanimously approved by the board.
Contract Details
Contract Amount
$2,380,566.56
Vendor
UNITED FIDELITY BANK
Agency
Cowden-Herrick CUSD 3A, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
6 months
Renewal Date
2026-11-14
Renewal Info
No automatic renewal discussed; standard 6-month CD, subject to future board action at term end.
More from UNITED FIDELITY BANK
More from Cowden-Herrick CUSD 3A
Board of Education District 3A Regular Meeting Minutes April 2026
COWDEN-HERRICK C.U.S.D. #3A Regular Board Meeting Agenda February 12, 2026
Cowden-Herrick C.U.S.D. 3A Board of Education Meeting Minutes January 2026
Cowden-Herrick C.U.S.D. 3A Board of Education Meeting Minutes January 2026
Cowden-Herrick C.U.S.D. #3A Board Meeting Agenda January 2026
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